Saturday, July 27, 2024
27 C
Brunei Town

Offshore holdings of China govt bonds rise in January

SHANGHAI (ST) – Holdings of Chinese government bonds by offshore investors rose in January despite a steep drop in yield premiums over United States (US)government debt, as investors continued to seek safe havens from inflation and rising rates afflicting other markets. Offshore investors held Chinese government bonds worth a record CNY2.52 trillion (BND534.6 billion) at
spot_img

Latest

spot_img